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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Communication and Career Development15%- Business communication and career readiness
  • 1. Career research and employment preparation
    • 2. Written and oral communication
      Topic 2: Professional Business Education10%- Teaching and professional practice
      • 1. Pedagogy and instructional methods
        • 2. Career and technical education standards
          Topic 3: Accounting and Finance15%- Financial accounting principles and processes
          • 1. Accounting cycle and financial statements
            • 2. Business and personal finance concepts (credit, investments)
              Topic 4: Information Technology15%- Business technology systems
              • 1. Office applications and data systems
                • 2. IT concepts and operations
                  Topic 5: Economics10%- Micro and macroeconomic fundamentals
                  • 1. Supply and demand
                    • 2. Economic systems and indicators
                      Topic 6: Marketing and Management10%- Marketing principles and management functions
                      • 1. Human resource and management principles
                        • 2. Marketing mix and strategies
                          Topic 7: Law and International Business10%- Business law and global business
                          • 1. International trade and business environments
                            • 2. Contract law and consumer law
                              Topic 8: Entrepreneurship10%- Business formation and entrepreneurship
                              • 1. Business plans and ownership types
                                • 2. Opportunity identification and entrepreneurial traits

                                  PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:

                                  Question 1

                                  Which of the following best defines a legally enforceable contract?

                                  A. Agreement, consideration, contractual capacity, and the mandatory requirement that the object of the contract is lawful
                                  B. Agreement, consideration, and the mandatory requirement that only one of the parties is required to be rational and sane
                                  C. Consideration without the mandatory requirement of mutual assent by the parties of the offer and acceptance
                                  D. Agreement, consideration, and the mandatory inclusion of gift promises and moral obligations


                                  Question 2

                                  To exchange one currency for another in international transactions, companies rely on a mechanism called the

                                  A. Eurocurrency market
                                  B. international equity market
                                  C. international bond market
                                  D. foreign exchange market


                                  Question 3

                                  If $500 were placed in a savings account that pays 2.5% simple interest each year, how much interest would be earned in five years?

                                  A. $625
                                  B. $62.50
                                  C. $6,250
                                  D. $12.50


                                  Question 4

                                  Which of the following types of statements is referred to as a picture of a company in the future?

                                  A. Closing statement
                                  B. Mission statement
                                  C. Value statement
                                  D. Vision statement


                                  Question 5

                                  A student is daydreaming about weekend plans instead of listening to a lesson. When the teacher calls upon the student to answer a question, the student cannot recall the content taught. Which of the following types of communication barriers is primarily affecting the student's listening ability?

                                  A. Physical
                                  B. Internal
                                  C. External
                                  D. Attitudinal


                                  Solutions:

                                  Question 1
                                  Answer: A
                                  Question 2
                                  Answer: D
                                  Question 3
                                  Answer: B
                                  Question 4
                                  Answer: D
                                  Question 5
                                  Answer: B

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